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Nikkei Markets

Budweiser Brewing to raise up to $9.8 bn from Hong Kong IPO

Anheuser-Busch InBev Group's Asia Pacific arm to offer around 1.63 billion shares

Budweiser Brewing currently has a portfolio of more than 50 beer brands including Budweiser, Stella Artois and Corona.   © Reuters

HONG KONG (Nikkei Markets) -- Budweiser Brewing Company APAC expects to raise up to HK$76.45 billion ($9.8 billion) in gross proceeds from an initial public offering in Hong Kong, according to sources, in what could rank among the largest listings in the city this year.

The Asia-Pacific arm of Anheuser-Busch InBev Group is offering 1.63 billion shares in an indicative pricing range of HK$40 to HK$47 apiece, two persons familiar with the matter said on Tuesday. The offer has a greenshoe option for up to 15% of the deal, they said.

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